2021 and beyond, page-5651

LKE Q&A at today's SPARK PLUS virtual conference;

1. Cauchari and other projects: Update from November '21 onwards

2. Expansion to 50,000t: might happen earlier than 3 years. Whether they need a second train and carbonate or hydroxide are the decisions they have to make

3. Offtake partners: Preference a minimum of two off-takers to minimise risk. Rise and fall mechanism instead of fixed price. East Asia and Europe for potential off-takers through LILAC series A and B investors

4. Fresh water: Will be updating the market soon. One of the lowest fresh water usage projects in the industry